tuts ,the US currently hold about 1/3 of the total shares on issue in ADRs ,,at 100/1 conversion rate ,should the US market require more shares ,say due to a spike in interest from potentially favourable news,I believe taking into consideration that the top 20 own about 50% of the shares on issue,,,demand would far outstripe supply potentially causing a parobolic rise in price ,here’s hoping anyway.Mananagement have also stated in the past that they had pondered the idea of consolidation,but it’s my belief from what I take from there statements that that’s currently not on the cards.
tuts ,the US currently hold about 1/3 of the total shares on...
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $421.2M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.5¢ | $738.8K | 2.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75952 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 192050 | 5 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |